BitMEX was probably conducting an internal transfer because it is migrating most of its bitcoin holdings from the 3BMEX format to addresses with format bc1qmex, the firm said. There are also Bitcoin addresses that start with “bc1q” that support SegWit, a type of bitcoin transaction, natively, allowing more efficient transactions that can pay lower fees.

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• Source: https://www.coindesk.com/markets/2023/11/30/mysterious-address-that-added-10k-bitcoin-is-just-a-new-bitmex-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines